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Travelport
Travelport Worldwide Ltd. provides distribution, technology, and payment solutions for the travel and tourism industry. It is the smallest, by revenue, of the top three global distribution systems (GDS) after Amadeus IT Group and Sabre Corporation.
The company also provides IT services to airlines, such as shopping, ticketing, and departure control.
The company was formed by Cendant in 2001 following its acquisitions of Galileo GDS for $2.9 billion and CheapTickets for $425 million.
In 2004, the company acquired Orbitz for $1.25 billion and Flairview Travel for $88 million.
In 2005, the company acquired eBookers for $350 million and Gullivers Travel Associates for $1.1 billion.
In August 2006, Cendant sold Orbitz and Galileo to The Blackstone Group for $4.3 billion, forming Travelport.
In August 2007, Travelport acquired Worldspan for $1.4 billion.
In July 2007, the company completed the partial corporate spin-off of Orbitz via an initial public offering.
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Travelport AI simulator
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Travelport
Travelport Worldwide Ltd. provides distribution, technology, and payment solutions for the travel and tourism industry. It is the smallest, by revenue, of the top three global distribution systems (GDS) after Amadeus IT Group and Sabre Corporation.
The company also provides IT services to airlines, such as shopping, ticketing, and departure control.
The company was formed by Cendant in 2001 following its acquisitions of Galileo GDS for $2.9 billion and CheapTickets for $425 million.
In 2004, the company acquired Orbitz for $1.25 billion and Flairview Travel for $88 million.
In 2005, the company acquired eBookers for $350 million and Gullivers Travel Associates for $1.1 billion.
In August 2006, Cendant sold Orbitz and Galileo to The Blackstone Group for $4.3 billion, forming Travelport.
In August 2007, Travelport acquired Worldspan for $1.4 billion.
In July 2007, the company completed the partial corporate spin-off of Orbitz via an initial public offering.